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but starting today anyone with a phone in key emerging markets in india and south america and australia can sign up and it will roll out worldwide including here in the u.s. becky? >> julia, thank you very much. we'll be watching all that as it comes out later today. >>> let's talk consequences of the fiscal cliff. companies of announces dividends in recent days trying to avoid the tax hikes set to kick in at the end of the year. who is really making money on this? >> a lot of people especially ceos more than 110 companies have announced special dividends in the fourth quarter alone that's more than three times last year's fourth quarter. the reason? the fiscal cliff. if we go off the cliff tax rates on dividends could go from 15% to more than 43%. companies are racing to beat the tax hikes by paying dividends before december 31st and some of the biggest beneficiaries, both insiders and ceos. mickey arison is getting $89 million from carnival giving him a potential tax savings. and larry elison is getting savings around $56 million. thomas frist at hca is getting around $350 million, saving
, and south america, which we really don't have now. really makes us a global powerhouse. >> you know, is the underwear business and the jeans business a bigger business than the suit business for example? >> yes. the underwear business worldwide is over a billion dollars in sales and jeans business is close to $2 billion. so those are the two largest categories followed by fragrance which is about a billion and a half dollars. >> when you did the tommy deal you knocked the cover off the ball. you put some numbers out. you delevered the company quickly. now you're back doing the warnerco deal. is this going to be as transformational? >> i think in some ways it's going to be more transformational. it really opens up two key markets for us to operate directly. today we are operating on joint ventures and licensing arrangements. so in asia, china specifically, ind india, and in latin america with brazil, you know, really opening up the developing economies, where warnaco, in those two areas approaching 20%. >> phillips-van heusen, to be able to transform it from what we think of when we
that on the state level. there are 30 republican governors today in america, the republicans actually picked up a governorship in north carolina so that south now is almost entirely republican, whereas just 25 years ago, it was pretty entirely democratic. and it's not just the south. states like-- >> what are they doing with that power, that's the interesting thing. >> so, they have the power and they are actually using it, af got states like kansas, and florida that have been cutting taxes aggressively to promote jobs. you've got a lot of the states in the mountain states that are republican, where they're aggressively promoting pro energy drilling policies to get at the national resources and of course, the big story that you mentioned, paul, is what's happening with right to work, it wasn't just michigan, sometimes we forget earlier indiana became a right to work state, too, so, two midwestern states that have traditionally been pretty heavily unionized moved to right to work and i wouldn't be surprised if next year we see a couple more states fall. >> interesting contrast in maryland and vi
Search Results 0 to 2 of about 3